The AI wave in Nigeria is coming at us faster than a Lagos traffic jam, and most firms are still driving blind. 88% of organisations already have AI in at least one function, yet only 38% have a real strategy or policy to keep those bots in check. That mismatch is a recipe for chaos – credit scores, fraud detection, even citizen services can be hijacked by an un‑audited model. AURAI’s launch at the ISACA Lagos Chapter anniversary is a timely wake‑up call. Their platform promises to discover hidden AI tools, log evidence, test controls and certify outcomes, essentially building an "AI SOX" for the modern enterprise. The trade‑off? Companies will have to invest in new governance layers and certify professionals, which may feel like extra cost now but will save massive reputational and financial hits later. Think of it as the new CISA for AI – you either get the certification or you get the fines when regulators finally catch up. As Olayinka James warned, the machines are no longer just recording decisions, they are making them at machine speed. Let’s debate: will Nigerian banks and fintechs adopt AURAI’s model fast enough, or will they wait for a scandal to force their hand?
AI Governance in Naija: Why AURAI is the Needed ‘AI SOX’
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